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![]() | The Chimp`s "Forex Trades" It is a very simplified version of all what I had researched so far on vmar icons and also forex scalps with vma`s... This thread will show how we can "simplify" things to a point where trading can become a very fun silly game... I know that behind this simplicity there is a great extent of complexity, wich I believe we had been quite involved on the past weeks BUT lets use the ilustration of a car... This will be a BMW series 6 coupe you can check it here http://www.bmw.com/com/en/newvehicle...roduction.html think about all the engineers that worked designing the engine, each complex part of the engine plus the great features of confort and design that make it an unique experience to drive this machine... hours and hours of design, discussion, collaboration, interaction, chief orders, employes suggestions, more work, headaches, conflicts of interest on sectors of designs, comes and goes... work work work... and finally you got a BMW series 6 ready for you.. ready to take out of the cars dealers room, impecable, you had been trading quite, you deserve it, you are anxious to drive this horse... what you do when you purchase this car ? sit down, turn the key on , move shift to D, press accelerator and break... thats it... simple experience, joyfull one, pure pleasure... you ARE NOT thinking on the complex engineering behind what you are doing, you are not complicated about anything... you are relaxed, hear you favorite cd and enjoy the ride... Now, is the car doing complex things ? YES, he is... are you doing complex things ? NO you arent... thats how this trading aproach is being treated, there is a complex engineering behind it, there is a great VMA engine behind it, lots of testings and designs into how we can define pure trend, pure price action, pure timing... We wanted clear and easy setups, no brainers... we wanted a clean chart, no clotted charts... clear entries, clear exits... CLEAR everything... Well, after fulling a lot with vma`s thanks to the great programing job from Bruce (Pyenner) and combining some of the chimp`s ideas, plus our first vmar`s experiences now we come to a HIPER SIMPLIFIED version of how we can use this intrinsic complex tools in a very simple way... I will get a little bit off from the Rainbow concepts here... as I will only use three lines on a chart, but not any common line... the best of the best in vma`s... plus a very nice clean oscillator named after the happy chimp... Keep tuned as the chimp will take some cofee and continue with this new and exiting thread... cheers Walter.
__________________ you must enjoy trading... otherwise you shouldnt trade... | ||
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![]() | Re: The Chimp`s "Forex Trades" Good work and thank you for wonderful research. Many thanks walterw and Pyenner! | ||
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![]() | Re: The Chimp`s "Forex Trades" Hey buddy, sounds good. Can't wait to check it out!
__________________ Think before you speak...we'll both know more that way | ||
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![]() | Re: The Chimp`s "Forex Trades" Quote:
Quote:
__________________ you must enjoy trading... otherwise you shouldnt trade... | ||
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| The Following User Says Thank You to walterw For This Useful Post: | ||
Ribelo (03-01-2010) | ||
| | #5 | ||
![]() | Re: The Chimp`s "Forex Trades"
__________________ Think before you speak...we'll both know more that way | ||
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| The Following User Says Thank You to Reaver For This Useful Post: | ||
Ribelo (03-01-2010) | ||
| | #6 | ||
![]() | Re: The Chimp`s "Forex Trades" | ||
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| | #7 | ||
![]() | Re: The Chimp`s "Forex Trades" Glad to see things are coming together. I take a look at your other threads and the interest is there, that's for sure! Continued good luck, but I doubt you are going to need it. Keep up the great work and I'll be watching from a distance. | ||
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![]() | Re: The Chimp`s "Forex Trades" We need to have a clear trend definition in order to be confident to take any trade, be it trend or countertrend trade... I will be using a 5 min chart and a 1 min chart for this aproach... The 5 min chart help us to see the big picture, the 1 min takes us to the "specifics" of our trade... So I will start with the 5 min chart showing how we determine trend there... My 5 min chart its very simple, on the price pane we only have 3 lines... ![]() This three lines are : adxvma6_16 bar (40) (blue) adxvma6_12 bar (4) (green) tlomi non lag ma (9) (yellow) Now, we have a trend definition acording to how this lines are alligned between them... ![]() The allignment will tell us the quality of our trend... We will have NET and REFRESH quality of trend.. NET = all lines large, medium and small alligned on the trend direction.. REFRESH = small (yellow) line between medium and large lines, wich means that trend may be refreshing to the axis line (large line) or eventually it will resume net trend... This organization its key to keep us simplified... continue on nest post... cheers Walter.
__________________ you must enjoy trading... otherwise you shouldnt trade... | ||
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